Printed Circuit Board (PCB) Etching Equipment Market Global Report 2026

The printed circuit board (pcb) etching equipment market size has grown strongly in recent years. It will grow from $1.73 billion in 2025 to $1.88 billion in 2026 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increasing demand for printed circuit boards across electronics manufacturing, rising production of consumer electronic devices, growing need for high-quality circuit pattern formation, increasing adoption of multilayer and high-density PCBs, rising demand for reliable and repeatable PCB fabrication processes.

The printed circuit board (pcb) etching equipment market size is expected to see strong growth in the next few years. It will grow to $2.58 billion in 2030 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to growing demand for advanced PCB designs with finer circuit patterns, rising adoption of high-density interconnect PCBs, increasing demand for flexible and rigid-flexible circuit boards, expanding PCB production for electric vehicles and connected devices, and rising need for higher-throughput and precision etching processes. Major trends in the forecast period include increasing demand for high-resolution PCB circuit pattern etching, rising preference for precise and uniform copper removal, growing demand for high-throughput PCB etching equipment, increasing preference for improved etching accuracy and repeatability, and rising demand for efficient chemical and material utilization in PCB etching.

The rising demand for consumer electronics is expected to propel the growth of the printed circuit board (PCB) etching equipment market in the coming years. Consumer electronics refers to electronic devices designed for everyday personal or household use, such as smartphones, televisions, laptops, and audio systems. This demand is increasing due to greater digital connectivity, as rising internet and smartphone penetration enable the widespread adoption of smart devices for communication, entertainment, and work. The growing demand for consumer electronics such as smartphones, laptops, and wearable devices is driving the need for advanced printed circuit board (PCB) etching equipment by increasing the production of high-density PCBs that require precise circuit patterning to improve manufacturing accuracy, efficiency, and product quality. For instance, in July 2025, according to the Department for Culture, Media, and Sport (DCMS), a UK-based government department, in 2024/25 about 96% of adults in England owned and used a smartphone at home, up from 93% in 2023/24, while smart TV and laptop ownership stood at 76% and 68%, respectively. Therefore, the rising demand for consumer electronics is driving the growth of the printed circuit board (PCB) etching equipment market.

The growing adoption of Internet of Things devices is expected to propel the growth of the printed circuit board (PCB) etching equipment market in the coming years. Internet of Things devices refer to physical objects embedded with sensors, software, and network connectivity that collect, exchange, and process data over the internet. The growing adoption of Internet of Things (IoT) devices is driven by increasing demand for real-time connectivity, as connected devices enable continuous data exchange, remote monitoring, and automation across consumer and industrial applications. The increasing adoption of Internet of Things (IoT) devices supports printed circuit board (PCB) etching equipment by increasing the need for precise PCB manufacturing, real-time process monitoring, predictive maintenance, and improved production efficiency. For instance, in April 2025, according to Ericsson, a Sweden-based telecommunications company, global IoT connections reached 18.8 billion connections in 2024 and are expected to increase to 43.0 billion connections by 2030. Therefore, the growing adoption of Internet of Things devices is driving the growth of the printed circuit board (PCB) etching equipment market.

In April 2025, Taesung Co. Ltd., a South Korea-based PCB automation equipment manufacturer specializing in PCB manufacturing and glass substrate processing equipment, partnered with JOONGWOO M-Tech Co. Ltd. to expand the supply of TGV etching equipment for glass substrate production. Through this partnership, Taesung Co. Ltd. and JOONGWOO M-Tech Co. Ltd. seek to support the commercialization and mass production of glass substrates, optimize TGV etching processes, improve manufacturing yields, and broaden equipment capabilities across downstream glass substrate processes, including semi-additive processing (SAP), development, etching, stripping, and CZ processes. JOONGWOO M-Tech Co. Ltd. is a South Korea-based glass substrate manufacturing technology company specializing in laser-based micro-machining technology for glass substrates.

Major companies operating in the printed circuit board (PCB) etching equipment market are Applied Materials Inc, Lam Research Corporation, MKS Instruments Inc, SCREEN Holdings Co Ltd, KLA Corporation, ULVAC Inc, Manz AG, LPKF Laser & Electronics SE, MacDermid Alpha Electronics Solutions LLC, Technic Inc, Toray Engineering Co Ltd, Panasonic Industry Co Ltd, JCU Corporation, Chemcut Corporation, C Uyemura & Co Ltd, Plasma-Therm LLC, Samco Inc, Schmoll Maschinen GmbH, Jiangyin Dongwei Intelligent Manufacturing Technology Co Ltd, Canon Anelva Corporation, Ishii Hyoki Co Ltd, Via Mechanics Ltd, Shikoku Instrumentation Co Ltd, ACME PCB Equipment Co Ltd, Masteretch Ltd, Bungard Elektronik GmbH & Co KG, WISE Srl.

Asia-Pacific was the dominant region in the printed circuit board (PCB) etching equipment market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the printed circuit board (PCB) etching equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the printed circuit board (PCB) etching equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

This product will be delivered within 3-5 business days.